21
Wednesday
February 2018
2:47 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | About Deepika 
Business News
2nd shift at Gujarat plant to help ease demand pressure:Maruti
 
(New Delhi, Oct 2, 2017): The country's largest carmaker Maruti Suzuki India expects easing of waiting period pressure of its top-selling models Baleno and SUV Brezza, with parent Suzuki ramping up production at the Gujarat plant by adding a second shift from this month, a senior company official said.

The Hansalpur-based facility in Gujarat is Suzuki Motor Corporation's first wholly-owned unit in India. It has been producing close to 10,000 units of premium hatchback Baleno a month.

The model currently has a waiting period of 18-19 weeks while that of compact SUV Brezza is nearly 20 weeks.

"From October onwards, a second shift is being added at the Gujarat plant. This will ease pressure at our Gurgaon and Manesar plants, especially for Baleno and Brezza," Maruti Suzuki India Senior Executive Director, Marketing and Sales, R S Kalsi told PTI.

On a single shift, the plant has been rolling out 10,000 units. MSI is slated to receive 1.5 lakh units of Baleno from the Gujarat plant of Suzuki this fiscal.

He, however, said there will not be immediate doubling of output as the ramp-up will happen gradually.

MSI produces Baleno at its Manesar plant, besides getting it from Suzuki's Gujarat facility. On the other hand, Brezza is rolled out from its Gurgaon facility.

Stating that MSI has been gradually ramping up production of Baleno, Kalsi said: "We started with around 8,000 units a month. Now, we are at around 12,000 units. The waiting period for the model has also been reduced to 18-19 months at present from around 24 weeks."

On Brezza, he said the waiting period is at around 20 weeks.

"We are having continuous robust demand for the Brezza and even if we have increased output, the orders are coming in and that's why this model still has a high waiting period," Kalsi added.

With additional units of Baleno coming in from the Gujarat plant, Kalsi said, "We will have some room to adjust for production of other models at our two facilities at Manesar and Gurgaon."

Asked about prospects of festive season sales, he said overall, it has begun well for the company.

"In the first five months of the fiscal, our sales have grown by 18 per cent. During the festive seasons, we are looking at around 18-20 per cent growth compared to the year- ago period," he added.

Kalsi, however, said the high 18 per cent growth will not be sustained during the course of the fiscal as the previous year's second half numbers were high.

"Yet, we are confident that our sales will be in double digits this fiscal," Kalsi added.(PTI)


Rupee falls 31 paise against US dollar in opening trade
Tata Steel emerges as the highest bidder for Bhushan Steel with a surprise bid of Rs 35,000 crore
Debt-laden Aircel to file for bankruptcy at NCLT
Gold slips on fall in demand, global cues
PNB fraud: Nirav Modi, Mehul Choksi's passport suspended; 50 more firms to be raided
Rupee gains 6 paise against dollar in opening trade
Sensex rises 196 pts, Nifty reclaims 10,600-mark
Re gains 14 P to trade at 2-week high in opening trade
Uber CEO aims to pare losses and get 'the love back'
Jewellery stocks take a hit after PNB fraud
Sensex rises over 200 points, Nifty near 10600
Trump slams India for high import tariffs on Harley-Davidson
PM woos investors at Oman-India business meeting
Sensex sheds 144 pts in late sell-off; bank stocks sink
Rupee gains 19 paise against dollar in opening trade
Sensex recovers 260 points, Nifty above 10,500-mark
Sensex drops below 34K, Nifty loses over 1.5% amid global fall
Rupee drops 13 paise against dollar at 64.39
Cola And Junk Food Advertisements Banned by Government on Cartoon Channels
Gold plunges by Rs 600 to below Rs 31,000 level
KERALA NEWS
'Kudumbashree' to foray into e-commerce
 (Thiruvananthapuram, Feb 20, 2018): After its success saga in a series of fields ranging from  
Pandalam woman jumps to death from hospital building
SC to hear tomorrow actress Priya Varrier's plea
Shuhaib murder: Police find crucial lead
INTERNATIONAL NEWS
Palestinian leader goes to the UN to counter US on Jerusalem
 (Feb 20, 2018): Palestinian leader Mahmud Abbas will urge world powers at the UN Security Cou
Maldives leader seeks approval to extend state of emergency
Imran Khan ties knot for third time, confirms party
Lanka Army enlists 11 former LTTE members
NATIONAL NEWS
J-K youths, children meet President
 (New Delhi, Feb 20, 2018): Youths and children, who were hit by militancy in Jammu and Kashm
SBI Card cautions customers against Bitcoin investment
Cong, CPI-M demand discussion on PNB fraud
CBI refuses to disclose expenses incurred to bring back Vijay Mallya, Lalit Modi
Untitled Page
Rashtra Deepika LTD
Copyright @ 2017 , Rashtra Deepika Ltd.